Sale of The Franchise
After many years of speculation that the Chicago Tribune wanted to sell the Chicago Cubs organization, they finally inked a deal on January 22, 2009 with the Ricketts family for a total of $900 million. The sale included the Cubs, Wrigley Field, and the Tribune's 25% stake in the Comcast Sports Network Chicago, a regional TV channel.
Read more about this topic: 2009 Chicago Cubs Season
Famous quotes containing the words sale of the, sale of, sale and/or franchise:
“[T]he dignity of parliament it seems can brook no opposition to it’s power. Strange that a set of men who have made sale of their virtue to the minister should yet talk of retaining dignity!”
—Thomas Jefferson (1743–1826)
“[T]he dignity of parliament it seems can brook no opposition to it’s power. Strange that a set of men who have made sale of their virtue to the minister should yet talk of retaining dignity!”
—Thomas Jefferson (1743–1826)
“People buy their necessities in shops and have to pay dearly for them because they have to assist in paying for what is also on sale there but only rarely finds purchasers: the luxury and amusement goods. So it is that luxury continually imposes a tax on the simple people who have to do without it.”
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“To-day women constitute the only class of sane people excluded from the franchise ...”
—Mary Putnam Jacobi (1842–1906)